Will Tabaqueira sale be a carve-up?

Article Abstract:

Portuguese government plans to undertake a trade sale of state tobacco company Tabaqueira, with an 80% stake going to the highest bidder in an auction, have attracted considerable interest from leading international tobacco concerns. The company is seen as the only route by which to enter the Portuguese tobacco market, where the ban on tobacco advertising makes a start-up operation very risky. However, some observers believe that the company could be divided up between domestic investors, particularly favouring former owner Jorge de Mello.

Cigarettes, Cigarette Manufacturing, Management

---

Tabaqueira sale delayed

Article Abstract:

It is unlikely that Tabaqueira of Portugal, a tobacco company, will be sold until after October, following the general election. A potential bidder is Horacio Roque, who owns 36.3% of Madeirense de Tobacos, a Madeira tobacco company. Conditions for the sale of Tabaqueira have not yet been approved by the government.

Tobacco, Tobacco Farming, Planning

---

Portugal to sell Tabaqueira stake

Article Abstract:

This article discusses the privatization of Portugal's tobacco firm Tabaqueira through a combination of strategic sale and public offer. Details and background about the sale are presented.

United States, Asset sales & divestitures, Acquisitions & mergers, Portugal, TOBACCO PRODUCTS, Tobacco Manufacturing, Mergers, acquisitions and divestments, Philip Morris Inc.

Similar abstracts:

• Abstracts: Bangalore boot airport. Lebanon to issue airport tenders. Greece's first BOT project takes off

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.